Silicon Valley Japan Platform Explanatory Material August, 2016 Silicon Valley Japan Platform Silicon Valley Japan Platform (SVJP) Foundation Purpose The full force of digital transformation - originally confined to internet services - is assailing all industries. From farming, mining, construction, manufacturing, transportation, retail, finance, healthcare, media, to even government, no industry can escape the impact. The underlying force of this transformation is data: the explosion in the volume of data; and the dramatic advancement in our capacity to harvest, analyze, predict, optimize, and continuously learn from that data. Said another way, all industries are taking off on a rocket ship of transformation: the fuel is Big Data / IoT; and the engine is Data Analytics/AI/Robotics. Competitive implications are immense. Current champions of industry and technology, as well as a swarm of startups, are vying to become winners. This backdrop creates potent opportunity for strategic collaboration between Japan and Silicon Valley. Japan has many of the top industrial companies in the world. And Silicon Valley has the most vibrant technology ecosystem in the world. While the logic of this collaboration is indisputable, it takes vision and commitment of leaders from both Japan and Silicon Valley to turn this potential into reality. Ties between Japan and Silicon Valley have been largely limited to pure internet players and cultural exchanges. The East Coast has historically dominated US-Japan relations. Powerful business, academic, and political ties between Silicon Valley and Japan are needed to fully realize current strategic potential. Silicon Valley Japan Platform (SVJP) will convene the best practitioners, thinkers, and policymakers from both regions to: strengthen personal ties between leaders; articulate emergent opportunities to transform industries; and recommend policies to address economic, social, and political risks and benefits that will arise from such transformation. The platform will act as a catalyst for the transformation toward a new emergent world. Silicon Valley Japan Platform 1 Advisors John Victor Roos General Partner, Geodesic Capital, Former US Ambassador to Japan When I assumed duty as U.S. Ambassador to Japan in 2008, I said “The word Impossible does not exist in Silicon Valley, California where I am from, and the word Future is synonymous with the word Present. The entrepreneurial spirit can be found in Japan as well. Much can be accomplished through US and Japan collaboration.” Throughout my 4 year term as Ambassador, my conviction has grown even stronger. I believe now is the ideal moment for Japanese companies to invest and build lasting relationships with Silicon Valley counterparts and to evolve further into global companies. Yoshiaki Fujimori Executive Advisor, LIXIL Group Corporation The rapidly evolving digital technology and the emergence of AI, robotics, and IoT is triggering a business model disruption, and the 4th industrial revolution is arriving at a global scale. Can Japan follow this global trend? Can it stay ahead of the curve? In order to discover new disruptive business models while improving the existing businesses, I argue that we should seek inspiration in the most innovative community on this planet. That’s Silicon Valley. Takeshi Niinami President, Member of the Board, Representative Director Suntory Holdings Limited We are witnessing the dawn of IoT, or the Internet of Things. I strongly believe that the source of competitiveness in today’s world lies in the ability to utilize the ever increasing information. The key to winning the global competition in IoT is the partnership with Silicon Valley. Silicon Valley is the center of IoT technology, where prototypes are developed everyday. Japan’s unique strength in design, production and operation will be the source of competitiveness for such prototypes. Because of the emergence of IoT where “digital” and “product” amalgamation is key, the complementarity between Silicon Valley and Japan has never been stronger. The companies that take advantage of this opportunity would come out as winners of this global competition. I support Silicon Valley Japan Platform as an important catalyst for the innovative changes. Joichi Ito Director of the MIT Media Lab The amalgamation of the digital and physical world is ever increasing. Take a look at the manufacturing / logistics industry, where global supply chains are being created through automation and modularization. However, even the most innovative Silicon Valley companies in the software field are faced with hardships when pursuing hardware innovation. This is, in fact, a unique opportunity for Japan. I expect a new wave of innovative companies to be born through a Silicon Valley and Japan collaboration. 2 Silicon Valley Japan Platform Organization Overview Name: Silicon Valley Japan Platform Address: 11F Ark Hills Front Tower RoP Akasaka 2-23-1, Minato-ku, Tokyo, Japan (Office within Rebuild Japan Initiative Foundation) Official Launch: August 2016 Co-organizer: Rebuild Japan Initiative Foundation U.S.-Japan Council Structure: 3 Silicon Valley Japan Platform Organization Overview Executive Committee SVJP is managed by Executive committee of total 8 members (4 each from the U.S. and Japan). Appointment Name Incumbent Co-Chair Daniel Okimoto Chair, USJC Board of Councilors Co-Chair M. James Kondo President, Rebuild Japan Initiative Foundation Teruhide Sato Director, the Rebuild Japan Initiative Foundation James Higa Member of USJC Board of Councilors Daniel Fujii Member of USJC Board of Councilors(Japan) Takashi Mitachi Senior Partner, Managing Director, Boston Consulting Group Secretariat Kazu Maniwa Senior VP, USJC Secretariat Mina Konishi Executive Committee Member, Silicon Valley Japan Platform Academic Partners In collaboration with eminent academic institutions representing the US and Japan, Stanford Graduate School of Business, Design School and Biodesign Center have expressed willingness to cooperate to reinforce the US-Japan intellectual network. 4 Organization Overview Advisors Eminent leaders from various fields appointed by the Executive Committee will give SVJP members shrewd advice and recommendation in their areas of expertise. US Advisors Name Incumbent Bill Bradley Managing Director of Allen & Company John Diekman Founding Partner of 5AM Ventures John Maeda Design Partner at Kleiner Perkins Caufield & Byers John Roos General Partner, Geodesic Capital, Former US Ambassador to Japan Jerry Yang Co-Founder of Yahoo! Paul Yock Director, Stanford Biodesign Program Japanese Advisors Name Incumbent Yoshiaki Fujimori Executive Advisor, LIXIL Group Corporation Kenya Hara Designer Yasuchika Hasegawa Chairman, Takeda Pharmaceutical Company Limited (Former Chairman, Japan Association of Corporate Executives) Joichi Ito Director of the MIT Media Lab Toyo Ito Architect Hiroaki Nakanishi Chairman and CEO, Hitachi, Ltd. Takeshi Niinami President, Suntory Holdings Limited Akira Morikawa Representative Director, C Channel (Former CEO of LINE Corporation) 5 Summary of Activities Annual Meetings Annual Forum To be held in Silicon Valley. Discussion will be focused on issues and foresights on the strategic industries which are expected to lead to the global innovation. Silicon Valley Retreat High-level get-together to cultivate personal exchanges with leaders in Silicon Valley: Active members of SVJP set up issues for the next annual forum. Dialogue and Partnership Development with Silicon Valley Leaders In addition to the Annual Meetings, members will engage in dialogues and exclusive meetings held in Japan with Silicon Valley Leaders aimed at enhancing the exchange of ideas and insights. Policy Policy Recommendation We periodically make policy recommendations to U.S. and Japan governments for the purpose of supporting from policy aspect to create the business environment of long-term cooperation with Silicon Valley. Also, we cooperate with ”Why Japan Matters” research project of the Rebuild Japan Initiative Foundation to explore potentiality of evolving Japanese economy and social culture to global level. Other Activities Newsletter Publication Receive updates about other member’s activities as well as SVJP events Collaboration Opportunities with other Silicon Valley Stakeholders SVJP will facilitate collaboration opportunities with academic and research institutions. Investment Support Encouragement of business evolution: we support incubation business in Silicon Valley for Japanese small and medium-sized companies and encourage Japanese investment into Silicon Valley businesses. 6 SVJP Activities Calendar of Events January Quarterly Newsletter February Silicon Valley Meet Leaders Session April Quarterly Newsletter May Silicon Valley Annual Forum July Quarterly Newsletter September Silicon Valley Retreat October Quarterly Newsletter November Silicon Valley Meet Leaders Session December Advisor meeting In addition to the above activities, the following will be arranged in due course. Invitation to Silicon Valley company gatherings Participation to meetings and dinner sessions organized with Silicon Valley companies, VCs, PE Funds and academic institutions. Silicon Valley Briefing Sessions Customized top management briefing session on Silicon Valley topics of choice 7 Co-organizer Overview Rebuild Japan Initiative Foundation (RJIF) Principle and Mission 1. We will draw up the new design and strategy to rebuild Japan 2. To realize the purpose, we will expand the group of advocates and supporters regardless of race, religion, faction, region, class, age and gender from whom we will develop and harness the next generation of leaders. 3. To expand that group, we will build up the new media and public space. 4. We make it principle to be independent. All activities are for the public interests and nonprofit. 5. We neither participate in politics nor engage in partisan activity. 6. We will pursue peace and prosperity, and develop possibility of rebuilding Japan globally. 7. Our activity is made in multiple languages (Japanese and English for the time being) to introduce the achievement worldwide in cooperation with global intellectual hubs. Representative Address Telephone WEB Corporation Form Established Yoichi Funabashi, Chairman 11F Ark Hills Front Tower RoP 2-23-1 Alaska, Minato-ku, Tokyo 107-0052 +81-(0)3-5545-6733 http://rebuildjpn.org/ General Incorporated Foundation (Nonprofit) September 20, 2011 Yoichi Funabashi Chairman, the Rebuild Japan Initiative Foundation Former Editor-in-Chief for the Asahi Shimbun He received his B.A. from the University of Tokyo. He joined Asahi Shimbun in 1968. He served as correspondent for the Asahi Shimbun in Beijing and as US General Bureau Chief. He served as Editor-in-Chief for the Asahi Shimbun from 2007 to December 2010. In 1986, he received the Vaughn-Ueda Prize for his reporting on international affairs. He won the Japan Press Award in 1994 for his exclusive interview with President Clinton. He was appointed President of the Rebuild Japan Initiative Foundation when it was inaugurated in September, 2011. His books include: The Peninsula Question; Reconciliation in the Asia-Pacific; Alliance Tomorrow; Alliance Adrift (winner of the Shincho Arts and Sciences Award); AsiaPacific Fusion (winner of the Mainichi Shimbun Asia Pacific Grand Prix Award); Managing the Dollar: From the Plaza to the Louvre (winner of the Yoshino Sakuzo Prize); Inside - China Report (Suntory Arts and Sciences Award); Count Down and Melt Down (Ohya Soichi Non-Fiction Prize); Defeat in Nuclear Power Generation. On February 17, 2016 he became the first Japanese laureate of Shorenstein Journalism Award. 8 Co-organizer Overview U.S - Japan Council (USJC) OVERVIEW The U.S.-Japan Council is a non-profit educational organization that contributes to strengthening U.S.Japan relations by bringing together diverse leadership, engaging stakeholders and exploring issues that benefit communities, businesses and government entities on both sides of the Pacific. The Council cultivates an international network of members, and collaborates with other organizations and institutions to develop programs that allow members to engage with their counterparts in the United States and Japan. The Council was founded in 2008 and is headquartered in Washington, DC with staff in California and Tokyo. In 2012, the U.S.-Japan Council (Japan) was created to support the administration of the TOMODACHI Initiative, and in 2013, it became a Public Interest Corporation (Koeki Zaidan Hojin). The U.S.-Japan Council (Japan) maintains an office in Tokyo, Japan. WHY U.S.-JAPAN? The U.S.-Japan relationship continues to demonstrate its relevance and fundamental role in the Asia-Pacific region. The partnership between the US and Japan is a driving force behind economic growth, while the security alliance maintains peace and stability in the region. Built on shared values such as innovation and resiliency, the contemporary U.S.-Japan relationship continues to evolve and develop new frontiers for collaboration. IRENE HIRANO INOUYE, President Irene Hirano Inouye is President of the U.S.-Japan Council. Through her work at the Council, she also administers the TOMODACHI Initiative, a public-private partnership with the U.S. Embassy in Tokyo that invests in young Japanese and Americans while supporting the recovery of the Tohoku region. She is the former President and founding CEO of the Japanese American National Museum in Los Angeles, a position she held for twenty years. A recipient of bachelor’s and master’s degrees in Public Administration from the University of Southern California and an honorary doctorate degree from Southern Methodist University, Ms. Hirano Inouye has extensive experience in non-profit administration, community education and public affairs with culturally diverse communities nationwide. Ms. Hirano Inouye's professional and community activities include serving as Trustee and immediate past Chair, Ford Foundation; Trustee and immediate past Chair, Kresge Foundation; Trustee, Washington Center; and Trustee, Independent Sector. She was married to the late US Senator Daniel K. Inouye of Hawaii. 9 Co-organizer Overview SVJP Executive Committee 【Co-Chair from Japan】 M. James Kondo President, the Rebuild Japan Initiative Foundation; Visiting Professor, Graduate School of International Corporate Strategy, Hitotsubashi University; Visiting Scientist, MIT Media Lab He was selected a Young Global Leader by the World Economic Forum (Davos) and Inamori Fellow by the Inamori Foundation. Graduate of Keio University Economics Department and Harvard Business School He is former Country Manager of Twitter Japan, and also worked at McKinsey, University of Tokyo and Cabinet Office. 【Co-Chair from Silicon Valley】 Daniel I Okimoto Chair, USJC Board of Councilors Professor Emeritus, Stanford University A specialist on the political economy of Japan, Daniel Okimoto is a senior fellow of FSI, director emeritus of Shorenstein APARC, and a professor of political science at Stanford University. His fields of research include comparative political economy, Japanese politics, U.S.-Japan relations, high technology, economic interdependence in Asia, and international security. During his 25-year tenure at Stanford, Okimoto has served as a research fellow at the Hoover Institution and the Northeast Asia-United States Forum on International Policy, the predecessor organization to Shorenstein APARC, within CISAC. He has also taught at the Aspen Institute for Humanistic Studies, the Stockholm School of Economics, and the Stanford Center in Berlin. In 1976, Okimoto co-founded Shorenstein APARC. He has also been vice chairman of the Japan Committee of the National Research Council at the National Academy of Sciences, and of the Advisory Council of the Department of Politics at Princeton University. He received his BA in history from Princeton University, MA in East Asian studies from Harvard University, and PhD in political science from the University of Michigan. 10 Silicon Valley Japan Platform Activities prior to Official Launch Silicon Valley Retreat April, 2014 Summary Prior to the official launch of SVJP, RJIF organized a Silicon Valley - Japan top business leader gathering. The event was positively received by business leaders from both sides including then Japanese Minister of State for Science and Technology Policy Ichita Yamamoto. The success of this event led to the birth of the concept of SVJP. Distinguished Participants (then incumbent) Nobuyoshi Ehara, Representative Director and Partner, Unison Capital, Inc. M. James Kondo, President, the Rebuild Japan Initiative Foundation William Hiroyuki Saito, Representative Director and President, Intecur, K.K. Akihisa Shiozaki, Attorney at Law, Partner, Nagashima Ohno & Tsunematsu Ushioda Yoichiro, Chairman of the Board, LIXIL Group Corporation Makoto Takano, President, PIMCO Japan Ltd Mamoru Taniya, Chairman, Asuka Asset Management Co. Ltd. Yuma Terada, Executive Vice President, Cork, Inc. Takeshi Niinami, Representative Director, Lawson Inc. Yoshiaki Fujimori, President & CEO, LIXIL Group Corporation Yoichi Funabashi, President, the Rebuild Japan Initiative Foundation Hiroo Mori, Executive Vice President, Mori Building Co. Ltd. Ichita Yamamoto, Minister of State for Special Missions Distinguished Parties in Discussion Larry Ellison, Executive Chairman & CTO, Oracle Corporation Travis Kalanick, CEO, Uber Tom Kelley, Partner, IDEO Sheryl Kara Sandberg, COO, Facebook Jack Dorsey, Co-Founder & CEO, Square Peter Fenton, General Partner, Benchmark Edwin Lee, Mayor of San Francisco, California John Roos, former United States Ambassador to Japan Deb Roy, MIT Media Lab Dick Costolo, CEO, and Ali Rowghani COO of Twitter, Inc. 11 Silicon Valley Japan Platform Activities prior to Official Launch Silicon Valley Retreat April, 2014 12 Prime Minister Abe’s Visit to Silicon Valley Summary Prime Minister Abe visited Silicon Valley for the first time in April, 2015. He exchanged views with eminent entrepreneurs representing Silicon Valley. Most of them are concerned with Silicon Valley Japan Platform. Distinguished Parties in Discussion Daniel I Okimoto, Chair, USJC Board of Councilors George Shultz, former U.S. Secretary of State (Secretary of the Treasury and Secretary of Labor) Steven A. Denning, Chair, Board of Trustees, Stanford University Jack Dorsey , Co-Founder & CEO, Twitter and Square Jerry Yang, Co-Founder of Yahoo! Paul Yock, Director, Stanford University Biodesign John Roos, former United States Ambassador to Japan Romesh Wadhwani, Founder & CEO, Symphony Technology Group 13 Contact: Silicon Valley Japan Platform SVJP Secretariat Email: [email protected]
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